Orange County Business Journal

TOURISM AND MEDIA

Recent and archived news stories on: Airports, Conventions, Entertainment, Hotels, Gaming, Restaurants, Sports, Theme Parks, Travel...

Nike Gives Spotlight to Subsidiary Hurley, Boardshorts

For 5 Days, Surf Ad Took Over Parent’s Home Page

Summer’s here, and Nike Inc. made sure everyone is aware of boardshorts made by its subsidiary, Hurley International LLC.

New Broadcom Deals Build on China Relationships

Three Ventures Involve Cloud, Set-Tops, Ultra HD

Irvine-based Broadcom Corp., which is set to be acquired for $37 billion by Avago Technologies Ltd., is making a big push in China through strategic partnerships with some of the country’s most influential players.

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JWA Traffic Up in May

John Wayne Airport booked a nearly 5% increase in passengers and a 1% increase in commercial airline flights in May 2015, compared with the same month last year.

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Hyundai to Sponsor NFL

Hyundai Motor America Inc. in Fountain Valley said it has become an official automotive sponsor of the National Football League.

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Disneyland Exemption, Expansion on Anaheim Agenda

Walt Disney Co. is proposing a $1 billion expansion at its Disneyland theme park in Anaheim that would include new attractions, parking and other infrastructure improvements – and it wants a tax break in exchange.

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AOCVCB’s New Name: Visit Anaheim

The Anaheim/Orange County Visitor & Convention Bureau has changed its name to Visit Anaheim.

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21st Annual Women in Business Awards Winners Announced

A crowd of more than 800 attended the Business Journal’s 21st Annual Women in Business Awards, where cosmetics entrepreneur Toni Ko delivered a keynote address that challenged female entrepreneurs to redefine the benchmarks of success in their professional and personal lives.

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World Poker Tour Sells for $35M

Irvine-based WPT Enterprises Inc., which runs the World Poker Tour, has been acquired for $35 million by one of China’s largest gaming companies.

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Ad Agency Spinoff Gets $2.15 Million

Founders of the Column Five Inc. ad agency said they have secured $2.15 million in seed money to grow their side endeavor, Visage Inc. in Irvine.

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Advantage Buy Expands Global Reach

Advantage Sales and Marketing LLC said it has made an investment in Smollan Group in Johannesburg, South Africa, on undisclosed terms.

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Irvine Firm to Makes Games for Oculus Rift

Irvine-based video game designer Ready at Dawn will be among the first companies to partner with Oculus VR Inc. on new gaming titles for the highly anticipated Oculus Rift headset that was unveiled today in San Francisco.

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Preferred Hotels Names Executives

Newport Beach-based Preferred Hotels & Resorts promoted four people to a senior executive team, which includes three new positions.

Gross Says Give It Up for Machine

Donation to Smithsonian Recognizes ‘Critical’ Tool of Finance Industry

Bill Gross didn’t invent the Bloomberg terminal.

Will Allergan Cuts Resound in China? Holte’s High-Rise Act

Jinsong Ni isn’t too worried about the pink slip he got from Allergan last week, perhaps because he has a PhD in chemistry and years of experience on the nonclinical side of the drugmaker’s R&D—the sort of early-stage investments it pledged to cut at its Irvine HQ amid a hostile takeover bid by Valeant last year.

Register, Others Look to Fill PennySaver Void

MEDIA: Former workforce, advertisers up for grabs

Competitors are extending welcome mats to clients once loyal to PennySaver USA LLC and its former sales staff, as the free Brea-based weekly ad publication wraps up its fate in bankruptcy court.